Samantha Hurst

U.S. Fintech PayActiv Raises $100 Million Through Series C Funding Round Le By Eldridge

  PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Thursday it secured $100 million through its Series C funding round, which was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link•Age Fund II. As previously reported,… Read More

Mastercard Launches Payment Solution “SME-in-a-Box” Allowing Small Business Owners to Move Businesses Online & Accept a Range of Digital Payments From Customers.

 Mastercard announced earlier this week it has a new low-cost payment solution, called SME-in-a-Box,  to allow small business owners to move their businesses online and accept a range of digital payments from their customers. According to Mastercard, SME in a Box offers a low-cost acceptance… Read More

Loanpal Joins Forces With Blackston to Deploy $300 Million of Residential Solar Loans

  Loanpal, a U.S.-based residential solar financing provider, announced on Thursday it has joined forces with Blackstone (NYSE: BX), through funds managed or advised by GSO Capital Partners, to invest in up to $300 million of residential solar loans originated and serviced on the Loanpal… Read More

U.S. Fintech Cred.ai Launches AI-Powered Credit Card

Cred.ai, a U.S.-based startup, has launched its new banking platform specifically for millennials, along with its solid metal credit card. The company reported that it has been operating in “stealth” for more than three years to build its platform, which is notably designed to “empower”… Read More

Update: BYP Network Set to Close Seedrs Round With More Than £800,000 Raised

BYP Network, an empowerment platform dedicated to black professionals, is set to close its equity crowdfunding campaign on Seedrs with more than £800,000 secured. The funding round was launched last month and has attracted over 1100 Seedrs investors. As previously reported, BYP Network was founded… Read More

WorldRemit Announces Partnerships With Mexican Neobanking Groups albo & Klar

WorldRemit announced on Thursday it has formed partnerships with Mexico-based neobanks albo and Klar. According to Jorge Godinez, Head of LATAM at WorldRemit, the UK based Fintech is considered the first money transfer company to enable transfers to albo and Klar. While speaking about the collaboration… Read More

ABN AMRO Set to Discontinue Moneyou Feature Activities in the Netherlands & Germany

ABN AMRO announced on Wednesday plans to discontinue Moneyou activities in the Netherlands and Germany, with the exception of the Moneyou mortgage activities. According to ABN AMRO, Moneyou started in 2001 as an online mortgage label, followed by online savings accounts in 2008. At the… Read More

Yapily Teams Up With American Express to Enable Open Banking Payments Across Europe

Yapily, a UK-based open banking infrastructure provider, announced on Thursday it has joined forces with American Express to deliver its Pay With Bank Transfer payment initiation service across Europe. According to Yapily, the partnership with allow American Express to reach new markets with its open… Read More

Robinhood Shuts Down Stock Popularity Data Feature, Hedgies Fret

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has quietly turned off its stock popularity data feature. The feature allowed anyone to see which companies’ shares were surging in popularity by the masses of traders. Robinhood has been credited,… Read More

Overfunding: PaaS/Adtech Platform Bagboard Surpasses £600,000 Funding Target Through Seedrs Equity Crowdfunding Round

Bagboard, a UK-based PaaS/Adtech platform, has successfully secured its initial £600,000 funding target through its equity crowdfunding campaign on Seedrs. Founded in 2016, Bagboard describes itself as a new, revolutionary advertising platform that’s looking to make shopping sustainably a whole lot easier and affordable. The… Read More

U.S. Fintech Startup Routable Raises $12 Million Through Series A Investment Round

Routable, a U.S.-based fintech startup, announced on Wednesday it raised $12 million through its Series A funding round, which involved participation from Founders Co-op, Y Combinator, Box Group, and Liquid 2 Ventures. Founded in 2017, Routable claims to be the simplest way to send and receive business-to-business… Read More

Digital Lending Solutions Provider Blend Secures $74 Million through Series F Funding Round Led By Canapi Ventures

U.S. digital lending solutions provider Blend announced on Wednesday it secured $75 million through its Series F funding round, which was led by fintech-focused venture capital firm Canapi Ventures with participation from Temasek, General Atlantic, 8VC, Greylock, and Emergence. Founded in 2012, Blend states it… Read More

Fintech Platform iCapital Network Joins Forces With PGIM Investments

PGIM Investments, the retail distribution arm of PGIM, Inc., announced on Wednesday it has formed a new partnership with iCapital Network, a fintech providing access to alternative investments. Through the collaboration, iCapital will provide a customized technology solution to augment PGIM Investments’ distribution and servicing… Read More

Mastercard Announces Expansion of Accelerate Fintech Portfolio By Adding Entrepreneurs to Startup Engagement Program Start Path & Technology Partner to Engage Network

Mastercard announced on Wednesday the expansion of its Accelerate fintech portfolio by adding entrepreneurs to its startup engagement program Start Path and more technology partners to its Engage network. The additions are to provide access to expert engineers and specialists that may help customers deploy new services… Read More

P2P Lender Assetz Capital Unveils Access Account Marketplace

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it has launched its new Access Account Marketplace. According to Assetz Capital, the marketplace allows investors to apply a discount when buying and selling Access Account loan holdings. “Access Account investors can now choose whether to… Read More

NatWest Offers Apple Pay to Business Credit Card Accounts

UK banking group NatWest recently announced it is bringing Apple Pay to its Business credit card customers. NatWest reported that the option will provide a safer, more secure, and private way to pay, as well as helping customers avoid handing their payment card to someone… Read More

BitPay Announces Expansion of Integration with Coinbase; Enables Instant, No Fee Blockchain Payments

  Global blockchain payments provider BitPay announced on Tuesday it has expanded its integration with cryptocurrency platform Coinbase to enable instant, no fee blockchain payments. BitPay claims that the upgrade makes it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and… Read More

P2P Protocols & Products Company BitTorrent Hits New Milestone: Surpasses Two Billion Installation

BitTorrent, Inc., a peer-to-peer protocols and products firm, announced on Tuesday it surpassed two billion installations of its torrent client software on Windows, Mac, and Androids. Founded in 2004, BitTorrent claims to be one of the world’s leading peer-based technology companies. The company states it… Read More

Coinbase Appoints Former Lyft & Google Executive Manish Gupta As Vice President of Engineering

Cryptocurrency platform Coinbase announced on Monday it has appointed Manish Gupta as its new Executive Vice President of Engineering. Coinbase reported that Gupta joins its team from Lyft, where he served as Vice President of Engineering for the past two years. He previously was employed… Read More

Online Insurance Marketplace Policygenius Launches Mobile App

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday the launch of its mobile app, which enables consumers to create wills and trusts conveniently on their phones. Consumers may also shop for life and home insurance from the app, creating a mobile one-stop-shop for key… Read More

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